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Search Results 0 to 26 of about 27 (some duplicates have been removed)
or not our political system, whether the leaders can get together, whether they can solve big problems or are they just going to kick the can? if you look at the statements of the rating agencies who have questioned the fiscal soundness of this country, it's about our political system, not being willing or able, seemingly, to take on big tasks. >> the president may be confident about a larger plan but senate minority leader mitch mcconnell, one of the key lawmakers involved in negotiations says he thinks a $4 trillion deal is off the table. >> everything they've told me and the speaker is that to get a big package would require big tax increases in the middle of the economic situation that's extraordinarily difficult with 9.2% unemployment. it's a terrible idea. it's a job-killer. >> after last night's white house meeting, house minority leader nancy pelosi said democrats are still hopeful for a large bipartisan agreement as long as it does not do harm to the middle class. and aides to john boehner says the speaker now believes the cuts outlined by vice president biden's bipartisan gro
leaders are digging in on the big sticking point of taxes ahead of tomorrow's white house summit. chuck todd is nbc's chief white house correspondent and host of "the daily rundown." chuck, we've heard a lot from republicans. today at the bloomberg breakfast it was said that any tax measures had to be revenue positive over the long run that could be ten years out. eventually have to contribute toward deficit reduction. that is not what republican senator john cornyn was saying exactly the opposite what he said on our show yesterday that it has to be revenue neutral. how does the president hope to bridge this devoid? >> reporter: well, you know, they have an interesting tactic here. they believe and frankly behind the scenes so do house republicans believe it will be easier to sell a larger deal that has some things in it that nobody's crazy about on certain sides. whether some trims to entitlements on the democratic side or some of these revenue proposals on the republican side that if it's a large deal, $2.5 trillion to $4 trillion and maybe even $6 trillion in the out years meaning th
very big, very substantial to bring our long-term deficits down over time. we have to do that in a way that's good for the economy for more support because the economy is healing from the recession. it's going to require both sides to compromise. president's bringing leaders together again at the white house this evening to try to figure out how to move forward. >> what's he actually saying? because you're hearing boehner saying they're demanding tax increases, we're not going to do that. they've also said you were pedalling a bid on whether to cut entitlement programs like medicare or social security. what's the fact? >> that latter thing is not true. the president is standing tough. he is willing to do very, very difficult things. >> like what? on medicare? >> like getting substantial savings from the budget, across the budget. defense, the rest of government, even medicare/medicaid over the long term, there are things we can do responsibly to save money in those programs and we have to do that to bring the deficits under control. but to do that, we have to have some shared sacrifice
, but this is a grave moment for the country. we need to do something very big, very substantial to bring our long-term deficits down over time. we have to do that in a way that's good for the economy for more support because the economy is healing from the recession. it's going to require both sides to compromise. president's bringing leaders together again at the white house this evening to try to figure out how to move forward. >> what's he actually saying? because you're hearing boehner saying they're demanding tax increases, we're not going to do that. they've also said you were back pedaling a bit on whether to cut entitlement programs like medicare or social security. what's the fact? >> that latter thing is not true. the president is standing tough. he is willing to do very, very difficult things. >> like what? on medicare? >> like getting substantial savings from the budget, across the budget. defense, the rest of government, even medicare/medicaid over the long term, there are things we can do responsibly to save money in those programs and we have to do that to bring the deficits under
to figure out whether or not we are still a country that can think this big. we have to come up with a sensible way to finance healthcare, and the delivery 6 healthcare. there isn't anything we can't afford if we prioritize it. >> i think that one of the things we will see in the 2012 presidential election is whether a republican stands up says, i disagree with obama on taxes, and foreign policy, but he is as much of an american as i am. they won't say that move on to the issues. >> with immigration, you can only fear the future if you don't know our past. if you know how this country was built on immigration, you will understand immigration is an invaluable energy infusion into this country. it always has been. it changes the definition of who we are. >> good evening, americans, welcome "the ed show." the president is playing a dangerous game of chicken with this country's safety net. drew a line on taxes, i will have to draw a line on the big three tonight. don't offer the cuts on medicaid, social security, the american people since american people have spoken. the president s
. no we won't. we have money to pay it, pay it take that issue off the take. here's the big issue, the president doesn't want to have to be confronted with priorities in spending. because he has a lot of chutzpah. he spent a trillion on stimulus, it failed. he spent a trillion and a half every year on deficits, they are his. also obamacare trillions of dollars this is his spending. he's gotta own it and deal with it. >> greta: i think the president genuinely wants to make sure people don't get hurt. >> we all do. we all do. >> greta: i don't think he's necessarily playing politics some would say he worries if we take some money out of this program it is going to hurt somebody, they all have costs every time we take has costs. >> my point was, this president has added trillions of dollars. we wouldn't be in this crisis right now if he wouldn't have spent that trillion on stimulus, trillion and a half more than he should have on the budget and trillions more on obamacare. but for those trillions in spending, we wouldn't be in this mess. we would still be in a bad spot, nowhere near
is it shows that the united states system is not set up to do big things. when a crisis like this comes up they cannot do a deal that would show stability to the world. >> ronald reagan and tip o'neal made big deals. in the 1990s, bill clinton and the republican congress made big deals. and mika, it's not over yet, but it has gotten to the point already that this is damaging the reputation of the united states the longer it goes, and i think we're talking about it damaging our reputation more every day that the crisis goes on. >> i think both sides would agree with that. after a weekend of meetings resulting in yet another impasse, president obama is canceling two fundraisers today to continue negotiations. senate majority leader harry reid said the talks broke down last night because of the republicans insistence on a short-term deal, and their plan would cut $2.7 trillion over the next ten years. officials say it raises the debt ceiling but no tax increases. and he salaid out his latest solution. >> there will be a two-stage possible. it's not physically possible to do this in one step.
. >> so, you think a grand bargain, the big deal the president is pursuing, $4 trillion in cuts over ten years, is it still possible or is it dead? >> we're going to try to get the biggest deal possible, the deal that's best for the economy, not justice in the short term, things that will help make sure americans get some tax relief they need right now, like extending the payroll tax cut, which is about $1,000 for the average family, but also things that will help make sure we have room to invest in our future and help bring those long-term deficits down over time. >> let me understand a couple bottom lines. does a tax increase, some kind of revenue increase, have to be part of this deal from the white house point of view? >> you have to have balance in the package for that to work. it's true economically and politically. republicans have told us from the beginning, they can't pass a debt limit increase, they can't pass a budget deal just with republican votes. they need democratic votes. it's going to take democrats and republicans in both houses to do something. that's the reason why p
, if you are going to protect the big three. >> i think the president is being exceptional. he may be up inforcers. the debt ceiling the fact that they won't budge at all, shows us what the president is up against. i want to echo what joan is saying, the elites are making decisions, to impact the nonelites, that disconnect makes a lot of the discourses and discussions very problematic. it is a preception game. will we pay soldiers and police? the american economy won't be the same if we default on the debt ceiling. >> the president is making the point that republicans will never give him a victory on anything. the school of thought is that if we do, as a country, not pay our bills, eventually, it will be historians and the politicians, and people in the next election will blame president obama, and a victory for the republicans. what do you think? >> it is possible. i think they see it as a win-win. david brooks a week ago. the guys are willing to compromise, and deal, and be in the middle here. that is great for the obama brand. if the republicans take it, terrific. from their point of
without as well. -- washington, d.c. as well. >> i want to talk about the big month coming up in iowa in august. there's a lot going on in the g.o.p. primary. can you handicap the race for us a little bit in iowa and specifically handicap the straw poll, as you see it now, a couple of weeks out? >> well, first of all, it's a very fluid situation. as you know, the last time romney won the poll but then the iowa caucuses was won by governor huckabee. since huckabee decided relatively late not to run, things are wide open. and romney is not competing in the straw poll. so, you know, the two -- romney is the national frontrunner but not competing in the straw poll. so you've got a wide open situation. congressman michelle bachmann was born and raised in iowa. i think she got off to a really good start here. governor pawlenty, the former governor of minnesota, although he's not done well in the polls, he may surprise some people i think he may do better than people expect. also, you got ron paul, who's going to be competitive in this. herman cane. rick santorum. just recently rick perry, a
the democrats point of view, no tax hikes as well. >> that's the big sacrifice? one of their big cuts is a trillion dollars out of the defense budget because they figured out that the iraq war is winding down so afghanistan is also winding down and that's the trillion dollars they thought they'd save but they don't list anything with the harry reid plan and not to look at entitlements, how could you possibly say we're taking a hard look and making tough decision abouts the future of our -- of the country economically and not look at entitlements when even the president of the united states has had a problem. let's look at john boehner. he says, all right, i'll raise the debt ceiling. this is what i mean by a two phased plan. just a trillion dollars and we'll have $1.2 trillion in cuts by the end of the year. the future cuts will be commissioned and sent up after they commission a bipartisan panel to decide, you know, republicans or democrats to decide which will be cut and what shouldn't. >> and apparently, it would be along the lines of the cut, cap and balance as you can see right t
we all know the country needs which is the big deal. $4 trillion of deficit reduction to get our debt going down to put america on a stronger fiscal foundation going forward. that's really what's required. i believe it's still achievable. but we've got to change a little bit about how we talk about these things on both sides. >> you said at this point you think the president is right to threat tn veto. what if it's august 1st at midnight and approaching august 2nd, the markets are clamoring, would you still say that a short-term extension and continued talks are not the best option? >> you're a very good reporter. you pick up on nuance, don't you? >> we try. >> i don't want to bargain against my position. so i think it's critically important that the president continue to push for what we all know the country really needs. it's incumbent on both sides, on both sides to come together and do what's right for america. >> chairman conrad thank you very much. good to see you. >> good to see you. >> the big question looming over all of this and the debt talks is what will happen if a deal i
, actually, if they know there's a big deal behind it will be quite -- wouldn't they, john heilemann? >> i think so. the time is tough right now. listen to harry reid and mitch mcconnell who know how the senate works and how long it takes to do the following things, to reform medicare and tax reform. they are things that typically can take many months to get done. >> isn't it a surprise? it wasn't a surprise the show started at 6:00 a.m. on the east coast. it's no surprise we have a deadline. >> to build the legislation is not something that can happen in the span of four or five days. you can't. the key issue is what obama will be wanting to see is the outlines of a deal where he has a good assurance the outlines of the deal can get past once the meat is put on the bones. if that's the case and the markets see that, everything will be fine. whether it's a few days extension or a couple weeks, it's going to take a lot to get to that point. there's no consensus on the house side among house republicans in favor of what the gang of six is doing. as we saw in the film, the video, house democr
beginning to deal with all the grief here. incredible this country is not that big, only 5 million people, so such a massive attack has really taken its toll. as someone was telling me this morning, everybody knows somebody, that knows somebody or is related to them. the kids in the camp were womaning from all over the country. finally, jenna, it's very sad in so much of these parts the judge saying after tharbg the hearing waafter that, the hearing was closed and but he came out and talked a little bit about it. he said he was not interested in the number of people he had to kill, he just wanted to make a statement. he certainly did that. jenna: certainly indeed and sad as you say, greg. more developments as we get them from norway, greg burke, thank you. jon: we still have debt deadlock on capitol hill with the default deadline just eight days away now. congressional leaders are still struggling to hammer out some kind of a deal, one that would raise the limit on our nation's credit card while cutting trillions of dollars in spending. house speaker john boehner may unveil his own bill t
that part of big government. final you have oil leases. if we examine end today the number of over shore lease -- if we extended the number of offshore leases it would help balance the budget. when clinton and gingrich worked out their deal, sale of spectrum, radio and cell phones back then was an important part of that revenue. you can shrink government and increase revenues at the same time. >> sean: you are bringing up creative, out of the box ideas at a time when the nation is going bankrupt this is not what they are discussing this is the problem. the president wants to increase taxes by a trillion dollars. you say he's not going to get it. it is not relevant, because that's what he wants. the president wants to gut defense at a time we have three wars going on. he wants to avoid structurally re any entitlement program. he won't give up on obamacare. -- the imaginary savings are based on phony accounting. ridiculous rosey projections flash flood the interest rates go up we lose all the -- projects if the from rates go up we lose all the -- >> he's pointing at a corporate jet while p
Search Results 0 to 26 of about 27 (some duplicates have been removed)